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प्रश्न
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
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उत्तर
- Income inequality is very harmful to the society as a whole. The state can reduce income inequality through the system of progressive taxation, nationalisation of private industries and also by providing free education and medical facilities to the poor.
- By setting up public sector enterprises, the government can generate lots of new jobs for the unemployed.
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संबंधित प्रश्न
______ is an example of commercial revenues.
Instrument of monetary policy is:
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
Differentiate between direct and indirect taxes.
Classify the following type of tax into direct and indirect taxes:
Income tax
Give two reasons why the government imposes tax?
Explain clearly tour ways by which the state can promote economic growth and development.
Discuss four fiscal policy objectives with reference to India.
Explain briefly two merits of indirect tax.
Citing reasons state the superiority of Progressive tax over regressive tax.
